Remove Europe Remove Price Remove Purchase Remove Tax
article thumbnail

Tesla to increase Model Y price in the U.S. next month

Teslarati

Tesla has announced plans to increase the price of its Model Y in multiple regions in the coming weeks, including in the U.S. According to a note on Tesla’s website , the price of all three Model Y configurations will increase by $1,000 in the U.S. also offer additional local tax credits on electric vehicles (EVs).

article thumbnail

Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4

Motor 284
article thumbnail

BMW CEO urging tax subsidies for electric vehicles in Germany to bolster sales

Green Car Congress

BMW CEO Norbert Reithofer is calling for tax subsidies in Germany to help meet the federal government’s target of having 1 million electric cars on the road in eight years. Because of the high purchase prices for electric cars, there is a need for incentives. for example, the tax law.”.In

Tax 250
article thumbnail

Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

Sale 102
article thumbnail

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . Ampler Bikes an Estonia, Northern Europe company that manufactures and sells light e-bikes has closed a €7.4m A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. Ampler Bikes raises €7.4M

article thumbnail

Deloitte study concludes mass adoption of EVs in Europe is some distance away

Green Car Congress

A new study by Deloitte, the business advisory firm, concludes that despite rising fuel prices, the mass adoption of electric vehicles (EVs) in Europe is still some distance away. Range, price and charging concerns need to be addressed. Consumers are not likely to want to pay a high price premium for EVs.

Europe 258
article thumbnail

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

While Russia holds significant leverage in influencing oil and gas prices, it pales in comparison to China’s position in several strategic industries critical to the energy transition, says report author Michelle Michot Foss, fellow in energy and materials at the Baker Institute. —Baker Institute report Need Nickel?

China 416